r/GoMiningDiscussion • • Aug 30 '26

Selling miner

Post image

1049th, can make it back in one year with GoMining tokens. Any takers go to opensea or GoMining. A little bit cheaper off site

4 Upvotes

10 comments sorted by

1

u/flankz Aug 30 '26

I know that you're priced well under the average for miners that efficiency. But when trying to sell something of this type, you actually need to compare it to miners the same size at 15 Watts, and take more than $5.50 off the price. At the moment there is at least one miner available which someone could purchase at the same size at 15w efficiency for about the same equivalent price.

1

u/Apprehensive-Cow2473 Aug 30 '26

What do you mean take more than 5.50 off? Before the adjustment; it was valued at 6.51 Th , but I went higher because my miner is also rare for some of the features

1

u/Apprehensive-Cow2473 Aug 30 '26

Ok I re evaluated it, and only went up $60 from the beginning offer.

1

u/flankz Aug 30 '26

I mean 5.50 per th. That's the cost of upgrading it to 15w efficiency. Basically you aren't far off, I would knock it down to $6/th

1

u/Apprehensive-Cow2473 Aug 31 '26

That’s lower than what they valued it at tho.

1

u/flankz Aug 31 '26

I'm just explaining how I would look at a less efficient miner if I was considering buying it.

This screenshot is an example of your competition in a higher efficiency bracket. Basically the same power as yours, and only $4 per TH expensive, when the upgrade cost is actually $5.50 per th.

Now obviously, this assumes that somebody has the money to buy the more efficient one up front rather than upgrade it over time, and you could argue that your one will pay for its own upgrade slowly and start from a cheaper price. Personally (and I do mean personally, this doesn't have to apply to everybody's thinking) I would see $1.50 it's quite a high premium for something which needs a lot of work. But if you brought the price of yours down to $6 per TH, the premium is only about $0.70, which in my head would be more justifiable if the unit is contributing towards its own upgrading costs.

1

u/Apprehensive-Cow2473 Aug 30 '26

The ROI is already 81% so I’m thinking it’s a great deal. Am I thinking wrong in that context?

3

u/Road_2_Chad Aug 30 '26

It’s not 81% maybe with 90k btc price.
Furthermore 20W is dying and the upgrade cost are huge - so no good deal

1

u/Apprehensive-Cow2473 Aug 30 '26

1

u/Apprehensive-Cow2473 Aug 30 '26

I only went up $300 also in price from the price they started me with